Sen. Tom Lee of Tampa and Rep. Erin Grall of Vero Beach have filed legislation to have Florida join 48 other states that require motorists to carry bodily injury insurance. The bodily injury requirement would replace the mandate that forces drivers to carry $10,000 in PIP coverage, whether they need it or not.
Florida’s auto insurance laws – with coverage set at 1970s rates – have inadequate financial responsibility requirements. As a result, residents and businesses needlessly pay millions of dollars a year in higher taxes and higher insurance premiums. Drivers and taxpayers are forced to pick up the tab for the treatment and care of victims of negligent drivers who are either uninsured or, more commonly, underinsured.
